Suffolk-based
CMG Technologies, leading global specialist in MIM and metal 3-D printing, has been acquired by Indo-MIM, which has bases in the USA and India.
Rachel Garrett, CMG Technologies’ managing director, said: “This is an extremely exciting time for the company and industry overall. CMG Technologies is known for the quality of its services and the benefits it brings to various sectors. By combining the expertise and resources of CMG and Indo-MIM, we will be able to significantly grow our company and services. We are thrilled to be part of the Indo-MIM group and look forward to what the future holds.”
The company will continue to trade as CMG Technologies and no changes will be made to management, staffing, or the culture that the Suffolk manufacturer has created, including a four-day week.
Indo-MIM recognises CMG Technologies is a market leader in the UK so all work will continue as normal, and the company will continue to be managed by Rachel Garrett and Dr Phil Marsh.
Dr Marsh, technical and production director, added: “The company’s great success over the years is testament to the quality of our people. By joining the Indo-MIM group, we will be able to build on that further and provide even more fantastic opportunities for the team.”
CMG Technologies is an expert in MIM, a metalworking process used to create intricate parts, and quickly became a key player in metal 3-D printing since launching the service in 2021. The company received an innovation award for its work to create vital parts for ventilators in the fight against Covid-19 and was also recognised with a wellbeing award for initiatives to support staff.
In 2022, Rachel Garrett was named in the
Timewise Power List, which comprises of successful individuals working part-time hours.